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Bridas International, which is controlled by Argentinian billionaire brothers, has agreed to...

  • Monday, December 31, 2012, 8:45 AM ET
    Bridas International, which is controlled by Argentinian billionaire brothers, has agreed to invest $1.5B with YPF (YPF) to develop shale oil in Patagonia in southwestern Argentina. Bridas will also lend YPF $500M for the project. Cnooc (CEO) may be involved via a 50% holding in Bridas Corp. (See Chevron's $1B investment) 
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